New construction pricing is often presented by the square foot or by the number of rooms in a home. This type of pricing provides consistency for real estate marketing purposes, but is a reflection of the average cost of building various styles of homes in a given location.
A noncorporate business whose owners actively participate in the organization's management and are protected against personal liability for the organization's debts and obligations. The limited liability company (LLC) is a hybrid legal entity that has both the characteristics of a corporation and of a partnership. An LLC provides its owners with corporate-like protection against personal liability. It is, however, usually treated as a noncorporate business organization for tax purposes.
A limited liability company is a hybrid business entity. It has a separate legal existence and generally offers liability protection to its owners (called members).All members must enter into an operating agreement by either oral or written agreement.he foreign limited liability company registers as an LLC by completing a Limited Liability Company Application for Registration form (Secretary of State Form LLC-5) and submitting it to the Secretary of State along with a filing fee.